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China Imports and Exports fall in Jan
China latest trade data showed its exports and imports declined for a third straight month in January, 2009. Imports volume eased 43.1 percent to US51.34 billion while exports volume decreased 17.5 percent year-on-year to US$90.45 billion.
The total included US$27.93 billion in trade between China and the European Union, down 18.7 percent; 22.25 billion dollars in trade between China and the United States, down 15.2 percent; and US$14.5 in trade between China and Japan, down 28 percent.
Previous report from National Bureau of Statistics in January reckoned that China’s consumer price index (CPI) has fallen for eight consecutive months.
December’s CPI dropped to 1.2 percent, down 1.2 percentage points form the previous month. The 2008 annual CPI growth settled at 5.9 per cent, which was once peaked at 8.7 per cent in February last year.
Related Articles:
- China Exports in December took another plunge
- October PPI and CPI continue to soften
- Analysts tipping a downturn for China exports in October
- Reserve rate cuts to help SMEs
- China’s August CPI gives room to move
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- China CPI and PPI dive in Feb | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China Imports and Exports fall in Jan [...]
- China foreign trade remains bearish | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China Imports and Exports fall in Jan [...]
- May CPI and PPI in China down 1.4 and 7.2% respectively | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China Imports and Exports fall in Jan [...]
- Pace of China export decline in June slows but not as sharply | Alibaba Weblog by Aliuser — International and Global Trade for Suppliers and Buyers - [...] China Imports and Exports fall in Jan [...]
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